Global Market Crash Inevitable: World Economies Heading Into Recession, Falling profits and Raising Taxes EVERYWHERE
September 25th, 2012
Europe Goes Red, As S&P Whacks Growth Forecast
S&P has just whacked its growth forecast for Europe.
It now sees a contraction of 0.8% this year, and 0.0% growth next year.
European markets have gone red.
Italy’s benchmark FTSE MIB had been up slightly earlier in the day, but is now down 0.6%.